WIT

Wipro Shares Decline — Here's What You Need to Know

Shares of Wipro have moved -1.0% today, and are now trading at a price of $4.79. In contrast, the S&P 500 index saw a 0.4% change. Today's trading volume is 1,970,965 compared to the stock's average volume of 2,448,633.

Wipro Limited operates as information technology (IT), consulting, and business process services company worldwide. Based in Bengaluru, India the company has 259,179 full time employees and a market cap of $26,171,746,304. Wipro currently offers its equity investors a dividend that yields 20.7% per year.

The company is now trading 9.36% away from its average analyst target price of $4.38 per share. The 3 analysts following the stock have set target prices ranging from $4 to $4.65, and on average give Wipro a rating of sell. Overall, the company's financials are in good order, with consistently growing revenues, strong earnings, and low debt levels.

2019-03-31 2020-03-31 2021-03-31 2022-03-31
Revenue (MM) $585,845 $610,232 $619,430 $790,934
Revenue Growth n/a 4.16% 1.51% 27.69%
Gross Margins 29.5% 28.5% 31.7% 29.7%
Gross Margins Growth n/a -3.39% 11.23% -6.31%
Operating Margins 16.5% 16.8% 19.4% 17.2%
Operating Margins Growth n/a 1.82% 15.48% -11.34%
Earnings Per Share $14.95 $16.62 $19.07 $22.29
EPS Growth n/a 11.17% 14.74% 16.89%
Free Cash Flow (MM) $93,535 $77,146 $127,973 $90,644
FCF Growth n/a -17.52% 65.88% -29.17%
Capital Expenditures (MM) -$22,781 -$23,497 -$19,577 -$20,153
Net Debt / EBITDA -0.43 -0.41 -0.47 0.32
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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